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Deductions and Allowances under the head 'Salary' for the Assessment Year 2018-19 & 2019-20

Section

Nature of Deduction

Who can Claim

UNDER THE HEAD ‘SALARIES”

16(ia)

Standard deduction (maximum Rs. 40,000) (applicable from the assessment year 2019-20)

Salaried employees

16(ii)

Entertainment allowance
[subject to maximum of Rs. 5,000]

Government employees

16(iii)

Tax on employment within the meaning of article 276(2) of the Constitution, leviable by or under any law

Salaried employees

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